Why doesn't the college issue a 1099 for taxable scholarship income?

Thanks so very much. After reading your most helpful posts and talking to customer service at the FAFSA office, I corrected her FAFSA financial section: I had originally entered the TOTAL amount in box 5 of the 1098T form for question 44d, but have now revised to report ONLY taxable income (after deducting for tuition/fees/books).

Again, thank you for responding and clarifying. SO HELPFUL!